CENT Crosses Above Average Analyst Target
February 22, 2021 at 09:14 AM EST
In recent trading, shares of Central Garden & Pet Co (CENT) have crossed above the average analyst 12-month target price of $46.00, changing hands for $46.35/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..